Hotkey in Label

I don't use hotkeys, so I have disabled most of them in the menus, sub-menus, buttons etc by clearing "Show hotkey in label":

However even after clearing it in the "Folder/Filter by Name" button, it still shows the hotkey. is it a bug or it is shown for some other reason?

Perhaps you have a global hotkey for it defined in the Customize / Keys?

I don't think so:

Remove the @label line from the function definition to get rid of that one.

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Thanks for your quick reply. Does that mean "@label" overrides the option "Show hotkey in label"?